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NEWS - business

All the latest business news concerning Mongolia. News that is shaping the future of the country and its private sector.


SITECH Technology Dealer Established in Mongolia for Heavy Civil Construction Contractors

Posted: October 3, 2012 on: business, International

SITECH Mongolia Joins the First Fully Dedicated Global Distribution Network for Construction Technology Solutions

Sharyn Gol JSC Announces the Receipt of All Government Approvals Necessary for Production at the New Open Pit Mine at the Shaazgait Coal Deposit

Posted: October 3, 2012 on: business, Mining

ULAANBAATAR, MONGOLIA--(Marketwire - July 27, 2012) - Sharyn Gol JSC (MSE: SHG) ("Sharyn Gol") is pleased to announce that the Ministry of Nature, Environment and Tourism has accepted its Environmental Impact Assessment Report for the planned new open pit mine at the Shaazgait thermal coal deposit ("Shaazgait").

Mongolia mine

Chalco pulls out of second Mongolian deal

Posted: September 30, 2012 on: business, Economical, Mining, Political

CHINESE-CONTROLLED aluminium giant Chalco, whose parent company is Rio Tinto's biggest shareholder, has pulled out of its second Mongolian resources deal in a month because of battles to get government approvals.

Sangri-La Hotel

Samsung CTC novates Shangri-La hotel contract works to SCTM

Posted: September 28, 2012 on: business

Samsung CTC was awarded the tender for MNT375.9 billion (S$329.4 million) on May 18 this year by SA Sub, which is 51 per cent owned by Shangri-La Asia and 49 per cent by MCSP Holding, the parent company of MCS Property.

Mine Chile

Mongolia: we want to be Chile

Posted: September 28, 2012 on: business, Economical, International

What do you do do if you’re a small country, rich in minerals that went from boom to bust when the bottom fell out of the commodities market? Copy Chile, is the answer.

Public address by President of Mongolia

A Public Address by His Excellency Tsakhiagiin Elbegdorj, President of Mongolia

Posted: September 26, 2012 on: business, Economical, Mining, Political

Before an excited Forum audience, Mongolian President Tsakhiagiin Elbegdorj talked about Mongolia's increased free-market enterprise, commitment to freedom of speech and strengthening of its economy.

Risk Management

Mongolian Mining Corporation selects Active Risk Manager for Enterprise Risk Management

Posted: September 25, 2012 on: business, Mining

Maidenhead, Berkshire, UK. - Active Risk announced today that Mongolian Mining Corporation (MMC), the largest producer and exporter of high-quality hard coking coal in Mongolia, has selected its award-winning software Active Risk Manager (ARM) for enterprise risk management across all its departments and subsidiary companies.


Mongolia set for non-mining investment

Posted: September 24, 2012 on: business, International

A group of foreign energy companies is set to invest $1.3bn in a Mongolian power plant, the biggest foreign investment in Mongolia outside the mining sector.

World Bank Group

World Bank, others to invest in Rio Tinto’s flawed Mongolian mining project

Posted: September 23, 2012 on: business, Economical, Mining

The World Bank Board of Directors has announced plans to consider a copper and gold mining project in the Mongolian South Gobi desert

Real Estate Mongolia

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